Author: TheTeam Company

NEWS payroll The TEAM Companies to Launch Industry’s First AI-Powered Assistant for Talent and Production Business Affairs 07-17-2018LOS ANGELES, July 16, 2018 /PRNewswire/ — The TEAM Companies, the leading payroll, business affairs and technology provider for the advertising and entertainment industries, today announced its plans to launch KAT, an AI platform designed to transform the industry and outcomes for clients.KAT, which stands for Knowledge @ TEAM, will be fed with resources from TEAM’s extensive knowledge library, and will be trained and used by its most senior experts to ensure that ‘she’ is put on the right learning path.“Clients trust our expertise, and our role is to navigate through an evolving and highly complex industry to deliver the most effective and efficient service for them. By innovating through technology, particularly AI, we believe TEAM…

NEWS payroll The TEAM Companies Announces Management Transition and Investment, as Founder Gerry Schwartz Moves Towards Retirement 11-06-2017LOS ANGELES, CA—November 6, 2017—Today, The TEAM Companies announced a significant investment by its senior management team, in partnership with the founding shareholders and private-equity firm TorQuest Partners. At year-end, our CEO Gerry Schwartz will retire from his full-time role and transition his responsibilities to TTC’s current COO, Justin Kramer, who will assume the role of President and Chief Executive Officer.Today’s announcement continues TTC’s tradition of hands-on management, and Gerry will remain a minority shareholder and corporate advisor. Effective January 1, 2018, our Chief Marketing Officer, Greg Smith, will move to a dual role of Chief Operating Officer and Chief Revenue Officer and our Chief Financial Officer, An De Vooght, becomes Global Chief…

NEWS payroll The TEAM Companies Join Industry Leaders to Form The “Ad Consortium” Which Plans to Streamline Creative Asset Management 12-16-2016‘AD CONSORTIUM’ DEBUT: MISSION IS TO LINK BEST PRACTICES FORCREATIVE ASSET MANAGEMENT, DISTRIBUTION AND DELIVERYAdstream, Comcast Technology Solutions, Burns Entertainment & Sports Marketing,Entertainment Communications Network (ECN), and The TEAM Companies come together toform first of its kind industry organizationNEW YORK, NY – December 9, 2016 – Today the Ad Consortium, in support of advertisersand agencies, announced its formation. The first group of its kind, the Ad Consortium iscomprised of leading advertising and agency industry stakeholders, including Adstream,Comcast Technology Solutions, Burns Entertainment & Sports Marketing, EntertainmentCommunications Network (ECN), and The TEAM Companies. Each founding company playskey roles in the process of creating, distributing and tracking digital advertising content. Thecompanies have cooperated with each other to create…

NEWS payroll NEW SALARY THRESHOLD FOR EXEMPT EMPLOYEES BLOCKED 11-29-2016In an unexpected ruling, a Federal Judge in Texas has blocked new FLSA Rules that were to take effect on December 1, 2016 that would have increased the minimum salary for employees to qualify as Exempt and would have extended overtime pay requirements to an estimated 4 million workers in the U.S.Background – New FLSA Exempt Status RulesIn July of 2016, new rules for Exempt Status under the Fair Labor Standards Act (the “FLSA”) were published by the U.S. Department of Labor (DOL) based on a review process that began in 2014.  Among other changes, the new rules increased the minimum salary threshold for an Executive, Administrative, or Professional employee to be considered Exempt from overtime requirements. The threshold increase from…

NEWS payroll Former Ad Agency Executive Leads The TEAM Companies’ Chicago Office 08-01-2016After three decades in business affairs including the last eleven years as Partner, Director of Production Business Management at Ogilvy Chicago, Marie Goss has joined The TEAM Companies and will oversee the talent payroll and business affairs groups in the company’s Chicago office.Marie developed her expertise and sought-after professional insight working with such clients as SC Johnson, Unilever, MillerCoors and Kimberly Clark. She was a key liaison for Ogilvy’s international agencies by providing production guidance and legal and network clearance. Marie designed and implemented her department’s transitional plan to support the agency’s move into the digital space, administering her department’s support services for broadcast and digital producers, art buyers, print production managers, in-house studios, account services, client billing,…

NEWS payroll Former SAG-AFTRA Exec Leads The TEAM Companies’ Southeastern US Expansion 06-23-2016After three decades as Executive Director of SAG-AFTRA’s Nashville office and a decade as the union’s Assistant National Director for Sound Recordings, Randy Himes hopes to have touring artists, business managers, and record labels singing a different tune in managing the payment of singers, musicians, composers and concert tour crew and support personnel.Himes recently joined The TEAM Companies, the highly respected payroll provider for the concert tour and sound recording industries, as Vice President of Labor Relations and Director of Business Development in the Southeast region. He is responsible for new business development and account management in one of the music industry’s major hubs, bringing his extensive, in-depth knowledge of the music industry to his new position. “Labor…

NEWS payroll JPC Updates – Unwired Network Added & Revised SAG-AFTRA Drivers Policy 03-19-2016The Joint Policy Committee on Broadcast Talent Relations (the JPC) has issued two notifications in the month of March.  The first, issued on March 7, advises that ICON International has been added to Tier One of the Unwired Network Waiver, and the second, issued on March 10, is an alert regarding revised criteria for Vehicle and Stunt Drivers in Advertising.ITN WaiverOn March 7, 2016, the JPC notified the industry that SAG-AFTRA had extended its Unwired Network Waiver (sometimes called the “ITN Waiver”) to a new company. Use on ICON International can now be paid under Tier One of the waiver. Click here for a copy of the original 2006 Unwired Networks Waiver.At this time, the following companies are covered by the…